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. >>> fears of the fiscal cliff we're talking about right now, weak demand dragging down energy prices today. sharon epperson at the nymex. >> oil prices are falling waiting for more news to come out of the recent range. we are looking at a decline in crude oil, the wti contract and brent crude prices. the fact we're still waiting for a deal in greece, the fact we're waiting for major economic news here in the u.s. and the fact we're still waiting to see what wloo this truce holds between israel and hamas, all of these are factors traders are watching. natural gas is the big story in the energy complex because it fell by more than 4%. the biggest plunge in 15 weeks. traders looked at the map of the country and saw warmer temperature as head. a reason for selling pressure. back to you. >> sharon, thank you very much. let's get to this stock that just will not die. we're talking about research in motion. shares have been higher after cibc raised its rating on the company. it's the latest upgrade for this left for dead stock, which rallied over 50% in a month ahead of its new operating system l
easing in japan. all bullish for gold. taking a quick look at what happened in the energy complex. a mixed day there. crude pulling back despite some very good economic news. the dollar strength at play there as well. all of this as the december options expired. ahead of tomorrow's inventory report, which is expected to show a build in crude inventory. natural gas rebounding from yesterday's decline, which was spurred by the forecast for a warm december. back to you. >> all right, mary. thank you very much. >> all right. we've got 52 minutes before the closing bell. the dow jones industrial average off of its lows, down 55 points. the nasdaq is lower by -- fractionally lower. >> and don't look now, but just as housing is showing signs of life, congress may be taking away the mortgage interest deduction. we're going to look at that coming up here. >>> plus, congressional cliff divers we call them. we're going to hear from a democratic lawmaker who says let's just do it. let's go off the fiscal cliff. better to do that than make unnecessary cuts. so what is he willing to cut? that's
with still a lot of uncertainty hanging over the markets. >>> and one energy expert says consumers could get another gift in the new year. he's predicting a plunge in oil prices. we can only hope. you're watching cnbc, first in business worldwide. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. prevent acid all day and all night for 24 hours well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's m
that are doing well. energy, industrial, and telecom leading the way here. allen, what do you think of this market going into the week here? there doesn't seem to be a sense of urgency. we're just marking time waiting for the fiscal cliff. >> we sure are. very light day. volume very light. we're stuck at 1390 level on the s&p. the internals are good. for every two stocks that fell, three have gained. traditionally, the short day on friday, we almost have a little rally. >> you likely to continue to buy? >> yeah, we'll continue to buy. >> you're not skeptical? >> not real skeptical. especially in the short term. the president comes back next week. congress back next week. they've been talking to each other. that will help the rally. >> anthony, what are you going to buy? >> i think international stocks, i think chinese equities are very exciting in this kind of environment. i even think the u.s. economy is getting cheaper. this big reduction is making it a little more exciting. >> it can be health care versus defense stocks. you know, one way or the other depending on the fiscal clif
Search Results 0 to 3 of about 4

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